REGISTERED CH￿ fiuMBER: 1169320
TRUSTFLS, REPORT AND
UDITF.D FINAY
ATFMENT
FOR TIIEVEA
.NDED JI
Shaw Gbl bs {Audii) Limited
Chthered Certified Accoun(ants
S￿￿tory Auditor
25 St Thomas Sweet
Wtrtch¢51¢r
Hampshire
S023 9HJ

AL ELEVATI
Nl'Tr:Nl'S ()Tr I'HTr.' b'lliA*4CI.41. %TATF.IIF.NTS
FOR I'HF Yb.AR F.N'I)FD 31ST AUC.UST 202$
P•g¢
R¢f¢re•¢¢ and AdmtnbtrAtlv< Drt•lls
Trusteei, R¢port
2 to 3
Si4¢¢m¢nt ofTrurtees' Responslblll¢le•
R¢port of lh¢ Indeptndtnt Audltors
St•i¢menl ol Flninclll Actlvlll
St#temtMt of FIA*n¢l•l Po¥lllo
Si*ttmeul of Ciih Flo
io
Not¢s to th¢ Sl•t¢m¢Dt ol Cish Fiowj
No¢¢$ ¢0 the Fln#n¢lal Stltethenti
12 to 16
Det*lled Si#iemtnt of FlnaDctsI Actlvltl
17

LEVATIOPI
REFFRFNCF.,IND klDNIINISTRATIVF. DF.TAII.
FOR TIIF. YF.AR F.NDF.I) 31ST IlUC.L%T 2025
TrUSTELS
P Moss
P Mould
AELaw
PRINCIPAL ADDRESS
20 Carlthtt Hou0¢ Tr4ra
2nd Floor
Lthdon
SWIY SAN
RECISTKRED CHARITY
NUMBER
1169320
AiIDITORS
Shaw Gib￿ (Audi¢) Limii
Chart¢red C¢rtified Accwitanis
SthDJW Auditor
2$ St ThomaÉ Str¢¢t
Winchesier
S023 9HJ
Page I

AL
TRU.STfr.F:S' REPORT
FOR TIIE YF.AR FNDED 31gfAUGUST 2025
The In]51¢¢5 pr¢5fn¢ their rg)ort with the financial swemeJ)ts of the charity for the year ended 31Èt August 2025. The
trustees have adopi¢d the provisions of Accouniin8 and Repining by Ctsan"(Lts.. Siatem¢nr of Recommertded Practice
appliLable 10 rhatitl¢5 pwaring their atcowits in a¢¢ordancr with th¢ Financial Reporting Standard awlicablc iTh th¢
UK and Republic of Ir¢Jand IFRS I02) (cffeEti￿ l January 2019).
Thc fsnancial sta¢emen15 hav¢ btttt preparcd 10 8iv¢ a Irue xnd fai¢ view And h•ve departcd from th¢ Charities
(AcC(￿niS and Reports) Re8ulotion$ 2008 only to Ihe exiffit rcquired to provide o and faitr vicw. This d¢parn￿¢
hu involved followin8 AcC￿l￿ting and R¢poMinB by Chariiies preparin8 Iheii accwnts in accordance with thc
FinanLiai Rcporiin¥ Stsndard applic&bl¢ in the UK 8nd REpublic of Ireland IFRS102) issued in V¢lob¢r 2(b19 raihcr
Eh4n th¢ Ac¢ouJJtin8 llnd Rwrtin8 by Ch4ritiu'. Stalem￿1 of Recommertded prdclicc ¢ff¢ctiv¢ from Isi April 2005
which ha& sinc¢ bren withdra￿.
OWECTIVES AND ACTIV]TIFS
Oblrcllvej ind aims
The objeLliVC of th¢ TtUS¢ is lo advance edu¢AiioD and tsHrning in the Unitrd Killgdom by spon50ring and funding
schools, hi8her ¢du¢ational enliiic$. educaiionil PTO8Tammes. projecrs and f¥ili(iu •tyd ¢0 4dvaThce 8miiteur spons io
those in cducalivn.
Publlt benent
The Tnjsiees ¢onfirm that Ihey havc accourtt of th¢ Ch•rity Commission'i 8eneral 8llithnce on public b¢ncfii. The
Law Family Educotionlll TThsl providcs fut￿l￿g attd supF%Mt lo schoo15 and hixher edu¢Alion&l ¢nlili¢s. cdu¢#lional
prowmu. projects And fa¢Ilili￿.
ACHIKVb.Mb.NTS AP4D PF.RFORMANCE
Ch*rlt*blt *ctlvlllei
Thc l.aunJ.s Trnsi is the prin¢ipal bcnrficiary ofthe Chariry. This is i Multi A¢•d¢my Tn￿( hcadquaricred in CheAdle
Ilulm¢ niar M&n¢hesier. li encotnpll55¢1 th¢ 4.18 age ringe in primary. S￿Ondary and sixth form conlcxls acm
G￿RIcr MDnLh&%i¢r. It has ambLIJiMJ5 pro8ram of gwwth.. thT¢¢ brand new free schTr)Ii opened in ScplembEr 2018,
fijrther Iwo sehool¥ in Scpt¢mber 2019 and * hjrther primary frtt ￿h￿l op¢n¢il in Sw¢rnb¢r 2022. With the additlon
of this schDol lh¢ Trn$i hLs $upport¢d 17 Schools in Ihe 2024-25 Academic YGryT.
Grnn￿ kniallinB £4.227,693 m￿¢ irt the y¢*r of which £4.164.607 were m*de to The LauLW Tnw. Cinnls made
Support￿ 4) capiMI dcvelopmen¢s a¢rnsB the Tru# •nd bl bi]FWrt programes thAt enrich and extended rAJpiI
exp¢ri¢n¢e li school. Theyc includ¢:
. Culture, CTeativiiy And Rthcioric;
. Spokcn Longua¥&Or8¢y: and
- Sp)rtinB Exccll¢nc¢.
A 8rant of £64.9(10 wax ¢ommitled io the Educaiional Poli¢y Institu￿ for th¢ fiNJ instslm¢nt of Tc8c4r¢h projccl
"D¢gree Apprertiei¢¢ships.. Supply & D¢mand".
FINANCIAL REVIEW
Flnan¢l41 poslilo
Al 31it Augusl 2025 the charity hod a tset deficit in fund5 of £5,191,049. A Law Itru51c¢) continues tQ SUPPDrt t
charity by n]ak5ng donaiions from AL Phil￿1￿roPleS LO enÉllrt tkLnds 5uffi¢icnl to ￿Ver all commiiied and fvvjre
expcndiiure.
Prlnclpal fundlni ¥our¢
Th¢ ¢hariiy is wholly fiJtsd¢d by AL Pjuijnthropi
R<¥erv¢s policy
The Chatily hold5 no fllwiciqi rcsetve¥ at the end of the fin&nci*l year. The TnJsttt8 have asscssed that a r¢s¢rv¢
fund is not requirtd bccausc Ihc chariiablc aGtivitie5 are fund¢d rqUir￿ by AL PhJlanthrop)es and operaiing ¢o%is
are minim41. Thi5 r)n￿ClaI baekinK ensures the Charity L4]J m¢¢t ils liabblitics 4s they fall duc withoui holding
ind¢pcndcnt liquid a￿ts.
Page 2

AL ELEVATI
TRUSTF.F.S' REPORT
FOR TIIF. YF.AR F.￿I)F.￿ JIST AUGUST 202
FUTURE PLANS
Th¢ Charity will continue to supp)rt the Laurus Trust by ettsUTing pupils in all its schools tan beThefJi from ihe existin8
program5 described ibove.
Trvs¢¢¢s will COllBider makin8 additional Chan'lable donaMon$ to the Laun￿ Trusr as appyopriate.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing dotumtht
The charity 15 A Choritablc Irwraied Organi￿10￿ Ind its powen llre xi out in its Con8timtion.
R¢¢rnltm¢ut ADd Appolbxtment of Acw trusle¢s
The Tn￿lee% of th¢ ¢h4rity lisicd the inf0m￿tIOn pa8e. N¢w Trust¢¢s may bc appoinied by the stulor OT
existing Trusiees. In appoiniin¥ new TnJs*e$ th¢ s¢irlor or T￿me¢S ￿11 tske into &¢¢ounl th¢ b¢nefits of oppoiniing a
petJuD who is abl¢ by vimJ¢ of hia or her personal (* professional qulifications to m4kc a contribulio￿ 10 the putsuit of
the obJ￿ts or man&Kement of the ch￿lty. The ConMi¢uiion provides for 8 minimum of thrce and maximum of 12
tnjsiees. The TruAc¢s mcct at l¢a¥i thr¢¢ limes a year to Teceive rcrA￿ts from ill b¢nCfi¢i￿1¢s And discuss and
implem¢ni wli¢y. Decisiotks ￿¢ madc by a 5impl¢ majonry of YO￿ ¢as(4t I m¢¢iing.
Riik mAnqgtrnent
Thc TTU51ccs have wried out • view of the charityj aciivitiel and th¢ risk$ 10 whi¢h 1¢ ix expM¢d •nd that
ontrols Bre in plgce ￿ mitl8al¢ tbN¢ iith.
30 Jun 2026
Approv¢d by ord¢r ofthe bourd of ￿￿￿eel on........................................... attd $i8n¢d on its b¢hJlf by:
A LAW. TA￿￿¢
Pa8e 3

EI.F.VATION
STATLMENT OF TRUSTEES, RF.SPONSIBILITIFS
FOR THE YEAR ENDED 315r AUGUST 2025
The trullees arc rcspotL5ibl¢ for prcparing the Tnjstees. Report and thc financial $￿teMents in ac￿rd￿l0¢ with
applicablc law and United Kin8dom Accounting Stsndards (Uniled Kinsdom G¢n¢tally Acccptcd Accounting Practiccl.
Cbariry law rrquirc5 ItL¢ tru#¢cs ￿ prepxre fJnan¢idl $rgiun¢nts for each fmanctal yeAr. Under thRt law, the irustcts
havc elected 10 prepr¢ thr fin8n¢i•l sia¢¢ments in a¢¢ordancE with Uni*d Kingdom Gcmcrally Accepted Actounling
Procu¢¢ (Unitsd Kin8dom Accounting Sthndards and applicable IAW).
Under chariry law the Thusteu m￿1 nol approve th¢ financial unless they are sttti8fi¢d that thry give a
and f4ir vi¢w of the 5th1¢ of affoirs of the charity and of ih¢ incoming resourc¢s and application of resource5, includin8
th¢ ittLvme and cxpcndirwe. (b( the ¢h•riiy for period In prepEriuK thos¢ fin￿¢1￿ smtemenw the rnjsices
r¢quircd to
Jele¢t suitabl¢ 4c¢ouThtin8 wlicifs and apply them Ccwls￿*Ily.
observc the meihtyjs #t￿ prithciples ia the aJ*ilies SORP:
m4ke judgements ond estimat￿ th&1 yc rwoDabl¢ Jnd ￿dent
51aie whether applicable aLcwThiing 8tatthTds hAve b¢em followed. 5ubjcct io aDy maittial departures dis¢los¢d atsd
explained in rhe financiol siai¢m¢nts:
prtparc Ihc finan¢i41 sta1¢m￿ts on the 8OLnB concern unlcss li is I￿ppropriate LO presume that the ¢hAriry will
<othiinut Lrt busirLe4X.
Th¢ Iru51cc5 arc rc5ponsiblc for kwin8 pmper accountin8 records which dI￿105t with rt8ottablc accuracy al any titne
th¢ firwicill pusitiun of th¢ ¢harity and lo Cnyblc th¢m to ensure th41 the fJnan¢tal 5th1emenis comply with Ihc Charitics
Aci 2011 ond The Clwity {A¢rounts •nd Rrportsl R¢gulJtiv￿$ 2￿11. Thcy ar¢ 4150 T¢3PQn5iblc for 5af¢guHTding thc
ets of the chariry And hence for tskinB re&wn•ble $￿p8 for the prevention and detection of ft2ud and oihet
Lrre8ularili¢$.
Pagc4

REPORT OF TIIE INDEPENDENT AUDrroRS TO THE TRUSTEES OF
AL ELEVATI N
Oplnlon
We have Huditrd the fjnancial statynents of AL Elev81ion {the 'chaTirf) for th¢ year ended 31 si August 2025 whi¢h
comprise Ihc Statemenl of Financial Activilie4 the SEalemenl of Fin4Thcial Postlio]L thE Siatem¢nt of Cash Flow5 and
notes to the financial stat¢m¢nts. In¢ludsn8 a sumrnary of 5igi)ificani accouniing policiu. Thc finHnciBI rcp)rting
framework ihal k¢Th appli¢d in their prep￿10￿ is applicablc law and Unitrd Kin8dom Ac¢ouniing Standards
(Uniied ￿ngdoM GeTherdlly Accepicd A¢couniing Pra¢iicel.
In our opinion tht fJnxn¢iHI 51ai¢mMts'.
Bive * tnJ¢ and fair view uf ihe stht¢ of th¢ ihariiy's aff¥its 43 &131sr Au81￿1 2025 Aod of its incoming ruouictrs and
oppliralion of Tesoufccs. for the yw th¢n end￿-
hav¢ bccn properly prepared in a¢eoTdante Wilh Unil¢d Kingdom Getterally Accepted Attountin8 pr￿￿¢¢. and
h4vr b¢¢n pr¢pBred ITh accordance with the r¢quir¢m¢nts Of the ChDn"tic5 Act 2011.
B*slJ for oplnlon
Wc conducicd Judil in Icw￿aneC wilh In1￿1110￿￿1 Slandards Audiiithg (UK) (ISAS IUKI) athd appli￿ble 14w.
Our rcsponsibilitics undcr thosc standards are fjjrther dt8trib¢d irt th¢ Auditors, r¢sp0Th5ibililic5 for thc audit of the
finott¢¢&l Slalements scction of ow rewn. We ar¢ it)d¢pcndeni of Ihe charity in accordance with the eihi¢al
requiremtnts thai ar¢ r¢l¢v4nl 10 OUT audit of thc financial s￿leMen￿ In the UK. including Uic FRC'S fihic81 Siundard,
and w¢ h4v¢ fulfilled other ¢ihi¢al T¢5pon5ibiliiies in accordance wilh these rcquiremeThLS. W¢ believe thai the
lludit cvidcnce we have obiait)ed is sufficient and wropria* 10 PTovid¢ a bui$ for ow opinion.
Co*¢lusloni rcl*iih8 to i•lh8 roheern
ID 4udiiJn8 Ihe rtn8rtcial siliemenis, we have eoncluded Ihai the ¢rviie¢¥' use ofthe Boing con¢¢rn b*$is of *¢¢Ots#tin8 in
thr pf¢pAraiion of th¢ fIn￿¢181 5talemcnts is •ppropria*.
B8Bed on the work we have perfotmed. we have noi 1dehilfi￿ w Materi￿ vnccrt*lnii￿ relating to events or c4)nditions
Ihat. individually Or ¢oll¢ciivcly, may casi $i8nificani doubi oth Ihe ehariiys ability lo coniinue as 8 80inB concern for a
periud of al least twelve months from whcn th¢ f￿9￿¢1•1 8tstcm￿ts u¢ Authoriscd for issu¢.
OUT r¢s￿nSibili11cs and the ￿61￿81b111ti￿ ofthe wilh fo going concern wc du¢ribvJ in ihe T¢l¢vAn¢
s¢rlioThs ofthi5 rew)rt.
Other IDfoTDIAtlon
The INstees are ruponsible for the other itifommiion. The other iE)fomiaiion ¢omprJJcs the inforn￿l10n Includ￿ in thc
Annual Rcpon, olhcr than the financial 8taiement$ 8nd our Rtport of th¢ Indcpcndcni Auditors Ihcrcon.
Our opinion on ihe financi¥l st•i¢m¢nts do¢5 noi COV￿ th¢ oiher infonn•rion and. ¢x¢￿1 w thc ¢xl¢nl oih¢rwi
explici¢ly s¢a¢ed in our repon. we do express 8ny forn ofismance conclusion theT¢On.
ltt connectiot) with our Audit ofthe fJnall¢ial Ma*ments. our re4ponsibility is w reBd the other inf0m￿lIoN ar￿, ￿ doin
50, eonsid¢r wh¢ih¢r Ihc oth¢r informaiion is mai¢riAlly inconsisi¢ni wilh th¢ fin8nci41 ¥tsl¢m¢nls or QUT knowl¢d8¢
obtained in the audit or othcNise appears to be malerialty misstsied. If we ide*iify iuch mat¢rial ittconsisiencie5 or
pparcnt t￿[erial tni8Sllll¢tn¢Thls, we arc rcquircd lo dclciminc whethu ￿71$ gives tist 10 a maietial misststemeni in the
financial $thiements them$elvts. If, based on the work we have perfo￿￿￿. we conclude ih81 Ihere is a matcrial
mi88ts1cmtrtl of this othcr irtf¥*m*iion, we are rtquired 10 rqjoft th￿ faci. Wc have nothin8 lo report in this r¢8nrd.
M4tlprs on vihlch w¢ Ire rrqulrcd to rcporl by ￿cePtIon
We have nothing 10 re￿rt in ￿SpecI of the following matiers where the Chari¢ics IA¢¢ounts and kepDTts) Regulations
2D08 rcquiTe% it) r¢pDrt 10 if. in rjur apinion..
the infomiaiion given in the ttusiees Report is itKoosisteni ID any Ma￿•1 respeci with th¢ financial siatemcnrs., or
wffiricnl a¢couniiJs8 T￿OrdS hav¢ Dot b¢¢rb k￿1,. or
the f￿an(la[ 51atemEnts Hre not iti 48reetnenl with the ￿cOuntin8 recoith and telunts. or
w¢ h8v¢ not T¢rciv¢d all th¢ information atLd ¢xplanaiioDsw¢ r¢quir¢ for our audit.
Page 5

REPORT OF TIIE INDEPENDENT AUDITORS TO TIIE TRUSTEgs OF
AL ELEVATION
ReipDn$ibilitiu of tTuJItcs
As explained rnore fully in thc Statement of Tnjsiees. RestA)nsibiliti¢s, th¢ trusiees ￿e responsible for the Preparation of
Ihe fin8ll¢Lal staletn¢nts wtlich Bive a tNe and fair vicw. and for such internal control 35 th¢ tN5tee5 deterniine ts
ne¢￿ary ￿ enable the preP￿tiOrt of fitwJ¢iaJ Swlcments thai 8TC frcc from materia] This5t4tcm¢nL whether due to
fraud OT error.
In preparin8 thc tinan¢iHI 51a*mcnts. the ¢nJs*es art rcspoThsible for 95s¢ssin8 the chariW$ ability ¢0 continue as a
going concem. disclo$rThg, )s applicablc, mattcrs rela*d 10 goin8 ¢Ortcem using thc going concern basi5 of
¢¢OUttllJJ8 unless thc Injsleex either int¢ad lo liquidal¢ th¢ charity ￿ 10 opcr*iity)$. or have tso rcalisiic al￿rnatiV
but to do 80.
Our respon8lbllltlei for tht Hudlt of thr 114•n¢lg1514¢ements
We havc bcrn appointed a5 audilot5 undcr Scclion 144 of th¢ Ch4riti¢s Art 201 l Tepon in 4¢cord4nce with the A
and Tclevant TeBu181ions made orhavin8 effcci thernmdty.
Our objeciivts or¢ t(p ob¢4in r¢Hsonabl¢ assuraDc¢ about whether Ihe financial stsiements as 8 whole Are free from
mAterio1 mi151aiem¢nL whether due 10 fiaud OT error. and kn issue a RetK)rt of the Independent Auditors thal in¢ludcs
our opinion. R¢4wnJble assuranc¢ is a high Icvcl of assurance. bui 1$ not a guarAniee Ihai on audi( conducicd in
ccordAncc with ISA5 IUKI will a)￿yS delcci a matcnal missia(emeni when li exisLS. Missl8iemeni.% can arise fTom
fraud or error And irc ¢0rt8idered mat¢rial if. individually or ID th¢ 38gr¢8Jt¢. th¢y ¢ould r¢￿onAblY b¢ cxp¢¢trd ¢0
influence the economic of us¢rn I￿en pn th¥ l*si$ of thu¢ fuwiGial 51a*mruLs. IlTr￿laTI￿V$, Inrluding
froud. are instsnces of t￿n-cOmpliance with law8 Te8lllatlo￿. Wt dtsi8n procedtsres in line with our
rcspon5ibili¢ies, outlined above. 10 de¢¢ct maicrial missraiemet)ts in respeci of irr¢8ulariries. includin8 fraud. The exieni
le which our proc¢du￿¥ are cHpAbl¢ of d¢lcctin8 iTTcgularili&%. in¢ludin8 fraud is d¢Milcd bclow:
BE¢au8e of the inhereni limilations of an iudit. there 15 4 Tith that we will not det¢¢l all lrrt8u1￿ts¢S. iTh¢ludin8 iho8e
lellditt¥ lo o maierral rniMiat¢meni in lh¢ fLlliD¢ial Aaienienis Dr non￿MPli1￿C¢ with Te8uliiioth. This risk incrcases th¢
mfrr¢ thai ¢ompli￿¢¢ with A lllw or Y¢8uls(ion 1$ t¢movcd from th¢ vents And traTh$a£tions reflected In the fJnaLILLal
5181¢mcT)ts, wc will b¢ 1¢ss likely to b¢¢om¢ aware of Inwn¢e$ of non compliancc. Thc ri4k is slso ¥rcaier rc8aTilin8
irre8ulariiies occuttinB due 10 frnud rnther error. as frnud involvu intentional COn￿lm￿L forgery. c4)SIu5ion.
omi&siun or mÈsrepreseni*uun.
W¢ obiaittrd an uodmlandirtB of the Iwl ond re8ulatory framework 4ppliubl¢ 10 the chariry via discusJions with thc
trustets and our previou5 knowltdge orth¢ charity. This idMiifJ¢d thot th¢ tnost $i￿LfIcant laws ond rc8ulaiion5 rclale
lo thc forn and conl¢Dt of th¢ fLll4n¢i41 ststements su¢h &8 the Chariti¢8 A¢t 2011, the Chiniies SORP (FRS 1021 and
Fin8n¢iAI R¢portinB Si8nd•rd 102. Th¢ eh*ity ¢omplies with these law8 and re8ulaiioTh$ by using appropriately
qulllificd profcs5iimals lo th¢ fitwcial Sl4lcments.
As ￿rI of ¢)ur planning pror￿$ w¢ t*sts%td ￿￿epti￿111ty of the chAritys financial slaiements to malcrial
mi881oicmcn¢s, including how fraud mi8trLI oc¢ur by making an •ssessmeni of tlLe k¢y risks. The key risks idertlified in
T¢Sp¢d of AL El¢vHuon is r¢v¢nu¢ rccoBnitÉon. rcco8llition of 8T8ntA pAyible I￿￿ eli8ibiliry of charirable Biving. The
ttU8iees confimied no 8cDJal. Suspec￿ OT all¢8￿ u5ts orrrnud.
A fvrther de8¢riPtion of (￿r r¢wMibiliti¢s for tht *udit of the finaneial srg*menu is located on the Financial
R¢poning Council's ￿b511¢ at www.fr¢.or8.WauditotSt¢8ponsilpililies. This description fom)s part of our Rcport of the
Ind¢￿nd￿t Auditors.
Page 6

PORT OFTIIE IND
AL ELEVATV
DIT
TO THE TRUSTEES
Ust of our rtport
This Teix)rt is Tnade solely lo the Charitys trustees, as a in accordanrx with Part 4 of th¢ Chariues {Accounts and
Repotts) R¢gulaiions 2008. Our I￿j1t wort h8s beett undcrtaken so that we ujighi state to the ¢haTity5 tn￿t￿ th08¢
mailers we arc rcquired ￿ stai¢ ￿ thcm ID aD auditors, rep)rt and for other p￿￿ose. To th¢ full¢si extent pcmjitted
by law, we do not accept or &ssuth¢ r¢¥pon5ibility ro anyon¢ otlL¢r than the charity and the charitys As • body.
for ouraudit work for thi8 repoo orfor the opinions we knvc fornwj.
CA4LU JJ .
Shaw Gibbs (Audi¢) Limited
Chlftcred Cettified AG¢ountw
Eli8ible to H¢t 45 an auditor in of S¢¢tiQD 1212 of the Coow•niu Act 2LN
Siatuiory Auditor
25 St Thomas Strtet
Winchester
Hampshire
S023 9HJ
Pa8e 7

AL ELEVATION
ST.ITF.hlF.NT OF FINANCIAI. AcfiviTJL5
FOR TIIF. YEAR EPIDED
GLIST 2PZ
2025
2024
Toial
funds
96 reststed
UnrEsltltitd
fund
Nor¢s
INCOME AND ENDOWMENfs FROM
Donaiions and le8acies
2J35.Mi
3,324.875
Investment iniom¢
431
Total
3 326 876
EXPENDITUBE ON
Charltiblt xcllvliles
Educaiiun ￿aIn1D8
3014678
NET IIYCOMEI{EXPENDITURE}
(l J92354)
312.198
RECONCILIATION OF FUNDS
Tolal Ivnds b￿￿ght (on¥*rd
AS pr¢vivu$ly r¢porttd
Prior year Adjus1rt￿t
13.637,692)
338
As rtitlttd
339&795) 13,610,993)
TOTAL FUNDS CARRIED FORWARD
5 1910491
J 2911795
Th¢ note5 fonn p8rt of fuw)c1￿ ststun¢nts
p￿¢¥

ALELEV
STATEMENT OF FINANCIAL POSITIOPI
31ST AUGUST 2025
2025
Uftrtstrlct¢d
fund
2024
Total
fund5
restst¢d
CURRENT ASSETS
Cash at bank
15,842
J5,419
CREDITORS
Amount% filling due within one ye&r
12
(1.908,065) {3334,214)
NET CURRENT ASSETSIILIABILtTIESI
TOTAL ASSETS LESS CURRENr
LJABILITILS
(lJ192,Z231 13.298,795)
CRKDITORS
Amount$ fallin8 due oft¢r MOTC th*D onc y
3398,8261
NF.T ASSETSIILIABILITIF.S)
5 191049
3 298 795
FUNDS
14
Unrestrieied tllt
TOTAI, FUNDS
The fittancial stot¢ments were wirov¢d by lh¢ Bowd of Trusl¢ea and aulhoris￿ for iuue on
'Jun202&...................... •lld weff #ipcd ott its beh￿( by:
A Lllw- Tru$¢ee
Thc DOtC5 f￿rn of the5c fina￿1￿1 s(atemcnts
Page 9

AL ELEVATION
STA TF.MF.￿T OF CASH FLOWS
TIIE I'EAR ENDED 31ST AUGUST 2025
2025
2024
as reÈtsted
CAih flowi from oper*ilng A¢tlvltl¢s
Cash gellcraicd from opeAtLons
Interest paid
119999
16
31,246
Net lus¢d invpmvided by operatin8 activiue
20015)
31
C*8h froTn lllveidng #ellvltl
Interest receiveA
438
Net cath provided by invcsiiD8 ￿tsViti
438
Chau¥¢ In ¢AJh aDd ¢Jsh equbv•lents 1
tht ￿pOrtIng perlod
C*sh Ind toih tqufvilenti at the
b¢iln#lh8 orth¢ r¢portlnK p¢rlod
{l9J77)
33,247
Cfiih And tA$TrL ¢4ulv•l4Mii At th¢ ¢01 or
tht reportlvjg perlod
Is
The lloies fornj part of thest f￿￿)¢1•1 Ststrmcnts
P4¢ )0

L ELEVA
NUTbS TO THE.STATEMF.Nr OF CASH FI.OWS
FOR THE YEAR EYD
D 31ST AUGLST 2025
REcof4CTLIATION OF NET IEXPENDITUREVINCOME TO NET CASH FLOW FROM
OPERATING ACTtVlTIES
2025
2024
•s r￿(a￿d
Net lexpcndltureNlncome for the ￿p￿rd￿8 ptrlod (u per the
Statement of FIDan¢l*l A¢tlvltlu)
Adlu¥lmtn¢i for:
Intercsi receiycd
Interesi piid
Decreasc in debio
ltt¢re4sdld¢cT¢a5cI in creditca
11.892354}
312,198
(438)
16
(2,001)
1,082
280 033
N¢t ¢*8h {uxd Inyprowlded by optrAtIo
ANALYSIS OF CIIANGES IN NET FUNDS
Al 1.9.24
Cuh flow
At 31.8.25
Net t*ih
CB%h &1 bank
Total
Thc not¢> form part of thr5¢ fJnaDGial slatwtL¢llts
Page 11

AL ELF.VATJON
YOTF.S TI) TS1Tr. FIN'ANCIAI. ST.ITF.IIF.%T
FOR THF. YEAR EPIDED 31ST IILGLIST 202
STATUTORY INVORMATION
AL Elevtlion. fO￿ll¢TIY named Law Family Educaiiortal TTUll, 15 a cliariry registered in England and Wales. Th¢
h￿￿￿.8 reBisier¢d and reBistrtcd addrw (an ￿ fout¥J iti the TTU5t¢¢s' Report.
ACCOUNTING POLICIL8
Actountlng eonvenilons
The financial sia*m¢nts of thc charity. which is a publi¢ bcncfii eniiry under FRS 102, have been prepared in
ac<urdan¢¢ with th¢ Cknitics SOIiP IF￿ 1021 'Accounting and Rcponing by Lhariliu.. Slalcmeni or
Rccornrncndcd Pra¢ii¢c applicabl¢ to ¢haTities preparing thcjr accouDts In accordanee with tht Firw)cial
Reporting Stttndard applicable the UK and Rcpublic of Ircland (FRS 1021 leffe¢tiv¢ l January 20191,.
Financial Reporting Siandard 102 The FinaThci41 RcporfitL8 SiarHlafd appliublc in the UK and Republi¢ or
Ireland, Athd thv Ch4Ti¢i¢s Aci 2011. The firt*n¢ial ststements h•ve been pjwared undcr th¢ hi5tOTicdl cojt
convention.
Th¢ financial *aiemeni¥ have bcen prepared 10 8ive a Inj¢ Ind f•if view and have departed from the Chorilies
(Accounts and ReporLsI Eiegulaiions 2(X18 only w ihc cxtrni required 10 providc a Irue ond fairf view. I'hi8
drparh]r¢ has involved followin¥ AILoun(ing ind Reportin8 by Ch4ri¢ics preparlng their in accoidan
with ihe Fin4n¢ial R¢portlDg SE•Dd•Td applicoble LD thc UK and Republic Drir¢Iar￿ IFRS1021 ik%ued in Ociober
2019 rathcr than the Accountin8 and REportin8 by Chwitie5'. Sta*m￿l of Recommended practic¢ ¢ffr¢iivc
from 1st ApTiI 2005 whicb h05 since bcen wittMIrnwD.
Income
All income LS reco8ttis¢d itt Ihe StaiemeDI ofFinnncial Activilie5 once thc chariiy has ethiiilemenl 10 th¢ fund4 il
is probable Ihoi the in¢ome will b¢ ff¢¢ived 4nd th¢ Nmounl can bc measurnl reliAbly.Th¢ charsry ifj wholly
ndcd by Iht AL Philanthropies, I charity ith whi¢h Andm L4w 1$ 4 ITUSte¢.
Expendlturt
Li•biliiies Bre recoRllis¢d &$ cxpendiiur¢ as soon u ther¢ is • 1¢841 OT constrtl¢livc obli8Aiion cvmrniiiing the
eh4rily thai ¢x￿ndi1￿c, tl is prohablc tha¢ i wansfer tsf ttot)omic bettefjts will be requiied in teiilemenl 4nd
the 8moulli ofthe obli8aliott b¢ mcasur¢d r¢liibly. ExpendiDJre 15 Iccounied for on an basis and ha8
been cloAsificd under htthdin8S that a￿Te81t¢ all ¢oxt r¢l•i¢d 10 lh¢ ¢i¢¢gory. Wher¢ costs cannot bc dir¢¢ily
4llribuied ¢0 particular headings they httve bt¢rt •ll0￿¢¢d w KIivili￿ on • ¢on5iSteni with the use of
fjranis offered subj¢ct to condiiions which hive bem m# at the year end date are notcd ￿ a commitment bui
noi aecrued As expendii¥re.
Tax*iloh
Th¢ ¢harÉty ￿ ¢xcmpi from its ¢horilabl¢ ￿1Ville1.
Fmnd actountlng
All Iwids h¢ld by the clwity arc unres￿l¢l¢d futsds w￿.¢b catt be used ttt accord8tsce with the chllritsbl
Objectiv￿ ai the dis¢retion of th¢ Twst¢w.
Going concern
Th¢ uijsttts consiacr thai thert ai¢ no maieri*l uncertainlies about the ChHTily'S &bilily lo continue as a 8Olll
oncern.Th¢ a￿OUn1S have becn prep￿ed on a going coneem basis. on the undersiandinK thai AL Phtlanthropies
will ¢Onlinu¢ lo fJuanci4lly 5uppffl th¢ ¢harity for the foreseeable fuiure. AL Phil*ni])￿pieS dDd AL Elevation
arc both s11p￿rted by the fnutec, Andr¢w Law. Anthw taw has confinned thai he will ¢oniinue this support
for Ihc for¢s¢cable fuwtt.
Page 12
¢onliTrue(t..

AL ELEVATION
NOTES TO THF. FINANCIAL STATE￿1￿￿*￿S-
FOR THE YEAR ENDED 31ST AUGUST 2025
DONATIONS AND LEGACIES
1025
2024
as ttstatcd
Donations
Gtfi aid
2J35,001
3,324,500
375
INVF.STMENT INCOME
102$
2024
Dcposit ￿CoUnt interest
438
CHARITABLE ACTIVITI￿ COSTS
Grahl
fvnding of
aclivities
(see no
71
Support
cojts Iscc
note 8)
Cosii l#e
nol¢ 6)
Touls
4 227 693
DIREcf COSTS OF CHARITABLE AcllviTIL8
2025
2024
R5 re5taled
Donations lo the Laurus Trusi
Pmvi5ion of other educational Servi￿ for the Tru
4.134,607
2,781,989
28167x9
GRANTS PAYABLE
2025
2024
as restated
EthJ¢ation atyd
The tothl grattts payable io insliiuti00S ID the yur w•5 ¥ follm"
31.8.25
31.8.24
Education Policy IDstiTh
149.000
Pa8e 13
continued...

AL ELEVATtON
NOTES TO THE FINANCIAL STATEIL lE￿TS- ¢oThts•ued
FOR THEYEARENDED 31ST AUGiiST 2025
SUPPORT COSTS
Gov¢rnatt¢¢
M*na8erncn¢
Finan¢¢
Total$
Educaiion thd tsaining
J6
SupFK>rt cos¢4 included in the above. Are aB follows..
M•n•8ement
2025
2024
ao rcsth¢d
Education
Total
trAinin8
Adminithlion
Governinct ￿lts
1025
2024
IS ￿￿tal¢d
FAlucaiion
Tot&1
aclivitiu
trainin8
Audilor5' r¢muThrrniiott
TRUSTF.FSI RRMUNERATION AND BENEFITS
There were EYJ thJs*es' rerDunmiion or other benefits for the ye*r ended 311¢ AuBuii 2025 ttor lor the year
d¢d 3151 Augysl 2024.
Truitee$' ¢Apenx•
TILert wtyt ttD trusteej. exp&￿t￿ paid for the year ended 31Jt Au8USt 2025 t￿r for th¢ y¢Ar ¢nd¢d
31si Au8us(2024.
io.
STAFF cosrs
There wcre rto staff costs for the yetretthd 31 Au8U8t 2025 nor for the year ￿ded 31 Augu•t 2024.
Pagc 14
Continu￿..

AL ELEVATION
NOTF.S TO THF. VINANCIAI. STATEMFliTS- ¢ontinutd
FOR TFIE YF.ARENDED 31ST ALGUST2025
ii.
PRIOR YEAR ADJUSTMEf4T
The prior year adjustmettt r¢la1¢5 to the reco8nilion of grants payable to the Lauru5 TnJ51 and the opening
otnmittcd granL8 liability on I￿ September 2023. Th¢ djus¢rn¢ni h&$ resulied in an incrcase in ihe yegr cndcd
31st August 2024 ro p￿&bI¢ • dccreue in fvnd5 of £338.897.
12.
CREDITO￿. AMouf4TS FALLING DUE WITHIN OPIE YEAR
2025
2024
s resiaied
Trnde freth'tor5
Grants payabl¢
Ar¢n]¢d expens
J39,485
lJ62.631
338,897
2.989.917
065 3 334214
13.
CREDITORS: AMOUNTS FALLING DUE AFf&R MORE THAN ONE IEAR
2025
2024
As rtsthtcd
Gran¢s pqyable
14.
MOVEMENT IN FUNDS
UnT¢$lri¢ied fund8
Th¢ unr¢$tri¢t¢d fijnds represenls the hlnds of the Jhd Èn¢lud¢$ Nmounts which the TTU&tcu have
duignaitd for particular purposu.
15.
OTHER FINANCIAL COMMITMF,14TS
A¢ 3151 August 2025 the Ctharily had th¢ following ¢0mmiunM￿'.
31.8.25
31.8.24
Edu¢£tion Poli¢y knsutut¢
6J.900
63,900
ThE fin&1 paym¢nl of ¢ach grani is condiiionll up)n the coryletioth and
publi¢#tion of thc r¢xaTch projcct repoiL
Pase IS
¢ontinucd.

ELEVATIOFI
NOTF.S TO THE FINA)CIAL STATEMENTS- tontlnued
FOR TIIF. VF.AR F.NDF.DJIST AUGUST2025
16.
RELATED PARTY DISCLOSURES
The charity is pr¢dominanrJy fi￿ded by AL Philanthropie4 a Charity in which Mr A Law {trusreel is also a
IDJstee. The charity utabli5hed to support Thc Laurus Trurt (a Multi A(ad¢my Trust) in which AL
El¢vation becatt)e tt CQTporat¢ mcmbcr IJ Novanbrr 2016. Dctai]s of 8rallts payJbl¢ to The Laun￿ TnJg( #re
d¢¢Jilcd in nok 6. The totsl doTrati¢J￿ n¢eived from AL Philanthropie5 in th¢ y¢4r was £2335.000 12024 .
£3,320,000).
Page 16